Comment FTSE All Share December 12, 2009

ALL SHARE SHARE ALL DAILY WEEKLY

Let's pick up ... "All these details could hide a lateral movement that will continue to develop inside the box shown in the chart weekly Share.Ora All is now clear why we have maintained 50% of the portfolio invested. In retrospect, the most apt choice. "

Weekly Chart: The comment again, shooting in high definition reality just passed the Eighth: The previous white candle is followed by an equal, but black inscribed with the details. I mean the white covers the black of space. Everything would complement the idea that the market is there that fuck without ideas and without ideas that make sense a few tendenza.Siamo still inside the box.

Daily Chart: The last channel designed with the upper edge created by the recent maximum of the year, for the third time attacked by bulls, but towards the end of the week index has retried the collision, countering closing. See candle Daily, black, and with a long tail up.

There is very little to say about this market. It seems that operators are already with one foot in "Christmas Vacation." Trading volumes both the bulls and the testimoniano.Oppure bears are raids without pay this year and seek to keep their booty until the end of the year. And the box shows us .. even when the protagonists are satisfied: I would say mid-October.

Looking at the statistics, and graph, we assume the classic "CHRISTMAS RALLY." But we should overcome many "red lines" of our. chart, double the maximum reported back to 24000 2 c / a, then we head on the iron and historical resistance No.5 and not least as important resistance given by a maximum of 25,150!

I think there will be a lot of work to go through this. If we think that we are inside a box and, if friends confirm us the followers of Elliott Wave 4, we put the heart at rest and wait .... (The wave 4 if this were the case, is known for "endless")

Someone, in these moments where everything seems wrong and we were not good enough to make you understand how to beat the market, think: better to rely on some professional fund managers, so I will not have thoughts, doubts, fear of making mistakes and I'll be in good hands.

I tell you from personal experience, and I do not want friends of asset management professionals, who have no faults, but you read the recent report published by Mediobanca, mutual funds and investment companies.

http://www.mbres.it/ita/download/rapporto_fondi_2009_presentazione.pdf

After reading, perhaps you will be convinced to take on the way to your savings? I'll hope ....

Good weekend.